Setting and Reaching Personal Finance Goals | Mint Personal Finance Software
Of course safe investing means different things to different people. To some the idea of safe is simply to put their money on deposit. However from a stock market point of view let's look at what safe means to new investors. While investing in stocks and shares will always carry a certain amount of risk especially over the short term it is possible to minimize that risk.
In fact investing money while in college has so many benefits that it should probably be included on the curriculum. It's not just the self discipline of course there are many other skills you will learn. The analytical skills you need in selecting a suitable investment are the same ones you will be required to apply in the workplace.
That's usually about 5% but check, your card might be different. If you feel the difference will be worth it for you then start shopping around for the best interest rate and term you can find. It's important that you don't jump in and take the first offer. While it's not the buyers market it was there is still some competition out there and you need to exploit it to your advantage.
A feature of any stock market that further complicates matters is the fact that there are several prices for any one stock. You really need to be sure which price you are referring to if you are going to fully understand the stock market. While the opening and closing prices clearly refer to the price at the opening or closing of the stock exchange each day the bid and ask ones perhaps are not so obvious.
What Caused The 1929 Crash Of Stock Market Prices The 1929 crash of stock market prices was unprecedented in modern times. Nothing had prepared investors, who had been living high on the hog throughout the Roaring Twenties, for the disaster that hit them at the end of October 1929. Crash of stock market prices can be expected from time to time as markets correct themselves following false highs but what happened that October began an economic downturn that lasted for years.
For some they will only sleep well if they are almost risk free while others are equally comfortable with some of the riskiest options known to man. Just remember that there is no right or wrong there is only right for the individual concerned. As part of assessing your own comfort level you will want to feel comfortable that you can afford to risk losing the money that you are planning to invest.